About your Search

20130416
20130424
STATION
FBC 24
CNBC 19
KQED (PBS) 6
WHUT (Howard University Television) 6
KRON (MyNetworkTV) 5
CSPAN 3
CSPAN2 3
KGO (ABC) 3
KICU 3
KNTV (NBC) 3
KPIX (CBS) 3
KRCB (PBS) 3
WETA 3
CNNW 2
MSNBCW 2
WBAL (NBC) 2
( more )
LANGUAGE
English 97
Search Results 0 to 49 of about 97 (some duplicates have been removed)
bell rings] now we're down to 135. david: apple is something we'll talk in just a moment about big-time. meantime the market is down today. it has been worse. it is down 137 points. at one point it was down 180 but it has recovered. it has been up and down, sort of like the rumors about the situation in boston. we hear one thing, we hear another, it is up and it is down. that is pretty much what happened to the market across the board. what is most concern what is happening with nasdaq and a lot of that concern is focusing on what's happening with apple. apple going below the $400 level at one point. it is trading just above and below the $400 as we close, lori. lori: that's right. flight it quality. interest rates lower. stock market lower. oil lower. as the bells ring we'll zero in on earnings reports. we have two big earnings movers today. bank of america falling after posting smaller than expected increase in quarterly problem. this has revenue in most of its businesses declined. the company said it made more home loans and investment banking fees increased. >>> you are shares
from apple. >> if there's one tech company to focus on, it's appear he he will. >> it's an important quarter for the iphone and ipad maker, investors would like an a crease to the dividend. it's at a 2.5% yield. they would like something closer to 4. the stock is trading near the lowest level because of the worries of the days of profitability of the company being over. expectations for the march quarter keep racheting down, because we are in the middle of a product refresh vacuum. right? but it's not only the march quarter that investors are concerned about. they are concerned about the june quarter that may show more signs of a slow-down as existing, iphone 5 and ipad strt to show age and in front of the next launch of the products. >> apple has already poured cold water on wall street's hopes for surprise up side, saying that sales will be up to around $42 billion. and margins will be down and unlike in the past, this time management promises those projections will prove accurate. a key story line to watch with the stock, pc versus mobile. pc's are under pressure with sales down,
they say it's not it is always about money. melissa: our top story tonight, apple earnings are out. their conference call is getting underway. let's go to adam shapiro on the breaking news desk. what are you hearing? >> real quick, apple after-hours is trading up almost 4%. something investors liked on this earnings report. they beat the street came in $10.09. street was expecting $10. revenue was a big beat. it was 46 billion. the street was expecting 42.31 billion. here is the big thing. they have $145 billion cash on hand. they will return some of that money to their shareholders. they're hiking the dividend, melissa from $2.65 a quarter up to $3.5. announced a continuation of the multishare buyback program -- $305. that will raise the stack in after-hours. get down to numbers that you can relate to. do you have an iphone? someone does because they sold 37.4 million iphones in the quarter compared to 35.1 million in the year ago quarter. to put it in perspective in the christmas quarter a year ago, when everyone is buying holiday gifts, this he sold 37 million iphones. this quar
. >> big reversal. big reversal on apple certainly. the much anticipated earnings report expected tomorrow. after the break we're going to find out exactly what to expect from apple. plus, we'll debate why the stock is having such a tough time lately dropping below 400 just last week. >>> then the faa warning about long airport delays because of government budget cuts. but in addition to grounding your travel plans, the cuts could also prevent your portfolio from taking flight which we will look at coming up. >>> don't miss my exclusive interview coming up with johnson & johnson ceo alex gorsky. that stock hitting an all-time high today. how he plans to push it even higher. that and a lot more coming up on the "closing bell," most important hour of the trading day right now. we went out and asked people a simple question: how old is the oldest person you've known? we gave people a sticker and had them show us. we learned a lot of us have known someone who's lived well into their 90s. and that's a great thing. but even though we're living longer, one thing that hasn't changed: the official
♪ ♪ stuart: where will it go today? we are talking apple. a selloff that ranks right up there with the.com bust. when the stock opened today, will the first number pa three? in six months, the price has been cut in half and millions own a piece of it. you will see the opening quotes. a fire breaks out at a fertilizer plant in texas. firefighters rushed to the scene. the plant explodes. first responders are among the many dead. the town of west is devastated. what a week. body and company is about to begin. w boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef bere opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find se good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket sence. it's just common sense. from td ameritrade. it's just common sense. all stations come over to mithis is for real this time. step seven point two one two. rify and lock. comman
the show is that one, apple. the tech giant expected to post earnings of $10.01 per share. folks, that would be a 19% drop year over year, the first expected drop in more than a decade. now, revenue is seen rising 8% to 42.3 billion. he here as always is going to be iphone sales. the main driver of apple revenue, we're going to speak with analysts all morning to get their perspective on the name. but what is your take, america? log in to facebook and vote in our arm chair analyst poll. will apple tonight meet, beat or miss estimates? as for the economy, here is today's calendar. >> how is the crowd sourcing experiment gone so far? i haven't looked at the results. >> the results for coming. >>? >> i can't even log in to the borrowing page. >> they've gotten some decent numbers that have come this. i think there are 1500 or 1700 -- >> but are they better -- >> they're good at it, but i think we have made the mistake of picking from predictable companies. that's why we started picking some trickier companies like apple. that's the one that's up in the air. nobody knows exactly what'
for the company. is it too late to buy the stock. >> we're counting down to apple's earnings report and that will be after the close. the shares over the $400 mark. one way or the other. >> luxury not dead, at least not according to coach and we'll dig deeper into those numbers. >> u.s. airways and delta beating those numbers. >> not quite as sanguine. we'll take a look at the airline sector and talk about travel turbulence a bit, as well. >> definitely not comericcal. >> for the first time since september 2011. the video streaming service posted quarterly earnings of 31 cents and well above estimates and said it added 2 million streaming subscribers in the u.s. helped by "house of cards." people, jim, this morning are saying netflix became hbo faster than hbo could become netflix. >> 30 million. internationally you got more than 30 million. i don't think people realize how non-promotional will this conference call was. it really was. they said, listen, the reason why we did well is -- no, it's a combination of things. we didn't lose people after we made the change. people do like "
>> apple, the tech giant everyone loves to bite, squeeze, and chew on, is announcing earnings. the stock hammered in recent week z as everyone tries to time it. it's now the right time to buy finally. dr. doom and gloom himself calls for a market crash, a correction for ages as he's called out by the blogs as missing the target. he now makes a new bold prediction. what is it, and is he finally right? we got tough questions for mark bobber. and social security -- it's playoff time. emotionally charged celtics team returns tonight down one game, a fox business exclusive with the celtics ceo and co-owner on the booming business of basketball, and how boston's team and city are doing. "countdown to the closing bell" starts right now. ♪ good afternoon, everybody, i'm liz claman, breaking news. the gains in the markets you see below us on the screen belie what happened just after 1 p.m. eastern time. that's when the associated press' twitter account, close to 2 million followers, was hacked and an erroneous tweet sent out, bogus, claiming there was two explosions at the white hous
, can samsung's latest smartphone steal apple's thunder? plus, the shocking profits behind blogging from home. the true story of a dot-com mom. and, hot times in traders unplugged. the guys break down how to make money off tv and beer. first business starts now! you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's friday, april 19th. i'm angela miles. in today's first look: earnings hits and misses move the market. stocks sold off on the busiest day so far of corporate profit news. the dow fell 81 points. ebay was a drag on the nasdaq, which dropped 38; the s&p declined 10. gold and oil rallied. thursday was a big night for tech earnings. ibm was a shocker - big blue had a miss. the company noted weakness in tech spending. google topped estimates - its core advertising showed growth. microsoft also did better than expected; however, window 8 sales may be moderate. also, the cfo is leaving the company. here's a good one: vertex pharma shares raced up more than 50% after the bell. the company revealed positive data on its cystic fibrosi
on the data. lori: will you look at technology stocks, apple in pretty good and go earnings are not robust at all comment and staying clear of those and perhaps sticking with the offensive things that continue to lead at least as leaders into the rally? >> i wouldn't exclude technology here for a few reasons. number one, when you look at the performance of tech versus the s&p or the value segment of the standard and poor's, we have a pretty good underperformance so we had some significant lagging and some notable names have been dragging down the index but ultimately if you look at the balance sheets that are relatively clean, relatively consistent cash flow from many of these, many of them are beginning to take dividendss or maturing and you can buy many attractive valuations. i wouldn't run away from technology. i would sharpen my pencil and decide which one you want to own as part of a diversified portfolio. lori: with apple shares, is that an opportunity for you? >> apple as an indication, broader indication of what is going on with technology, speak to it that way, a plastic example o
. melissa: nicole, thanks. lori: bmo cap ha capital lowered its 2013 price target for apple twice in the last week. let chess check in with a senior research analyst at abm markets. to keep an eye what iphones consumers are buying. keith, welcome to you. the crux of your latest forecast, your latest price target downgrade if you will is really based on verizon earnings which showed weaker than expected only 50%. the iphone sales were of the iphone 5, high-end, best margins, if you will, very attractive margins so you say expect disappointment today? >> we think so. we have as you mentioned two cuts. the first, actually had a chance to go out and visit with a number of carriers around the world, both face-to-face and over the phone and that led me to the conclusion that apple was candidly losing share and we think losing share to samsung and no longer the top-notch phone out in the market. we think effectively competing with samsung. we think the market is moving away from apple. they're losing some share in the high end. in addition, we think there's a number of chinese phones or
you knew i would say apple this is under immense pressure. the stock is down more than $24 that is a loss for more than 5% we will talk more about that coming up. a lot of stories trending today standing by at the nymex and see meager and we have nicole petallides on the floor at new york stock exchange in a moment of first let's go to our traders on the floor of the new york stock exchange was so many multinational companies coming in with earnings and this seems to be changing the tide of the market to the down side. >> this is a downtrend to begin with with the consolidation we have been waiting for and we want to point* fingers whether china or earnings we have the ability to do that. the united states sought a bit of recovery yesterday because of the safe haven for the rest of the world and that has washed away and the bank of america earnings , until and the like facebook number a little bump to the housing side but if you are an individual investor at home these are the sell-off see one to have your shopping list out to be ready to buy. cheryl: by the names that you
concerns. shares of apple suppliers tumbled. >>> and voting on the next italian president gets under way in rome with berlusconi and bersani apparently backing the same candidate. rifts in the upper left could jeopardize the process. >>> and we're live in moscow amid rumors of division in the kremlin. we'll speak with the former president of the czech republic in the next 15 minutes. >>> welcome to "worldwide exchange" this morning. plenty going on in the program. we also want to draw your attention first and foremost to the continuing issues across the commodity complex, one where gold has gotten the lion's share of attention. but others, whether it's industrial metales and crude are participating today. a rebound shaping up, but not the case for copper, dr. copper down better than 1%, 1.2%, in fact. and that is spurring a sell-off in the shares of a lot of the minors. new crest among those heavily to the downside in some cases. fortescue down nearly 8%. rio and bhp have recovered a little bit as we move through the trading session. and it's not just the big names, two smaller names wer
'll look at whether another triple digit move on the dow today could play out. >>> apple dipped below $400 a share yesterday. closed above that. this morning verizon reporting strong activations for the iphone for the last quarter. will that help this stock that's been in free fall? >>> pepsi beating expectations this morning. jim has an interview with the ceo. >>> paypal under pressure this morning, facing increased competition from amazon and others. we'll break down numbers and talk exclusive to john donahoe, ebay's ceo coming up. >>> futures on the rise after yesterday's drop of 138 points in the dow which is now posted three consecutive days of triple digit moves, including the big sell-off, 266 on monday an tuesday's rebound. just two weeks ago the s&p came within two points of 1,600. leads us to sort of a broad discussion of where we are in corporate earnings. i see two-thirds have beaten on the top line. less than half beating -- actually less than half beating on revenue. two-thirds beating on earnings. >> carl, the market is so short-term oriented, we had a couple bad ones yester
for marisa meyer. >> no! >> also ahead an exclusive with the co-founder of cisco system, sandy learner. apple is about to test the bear market low. a lot more "squawk on the street" from post 9 when we return. [ engine revving ] ♪ [ male announcer ] every car we build must make adrenaline pump and pulses quicken. ♪ to help you not just to stay alive... but feel alive. the c-class is no exception. it's a mercedes-benz through and through. the 2013 c-class. starting at $35,350. departure. hertz gold plus rewards also offers ereturn-- our fastest way to return your car. just note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. that's not much, you think. except it's 2% every year. go to e-trade and find out how much our advice and guidance costs. spoiler alert: it's low. it's guidance on your terms, not ours. e-trade. less for us. more for you. >> some popular google apps experiencing service disruptions this morning. the problems apparently center on three popular google apps, gmail, goog
, apple earnings out today. why traders and investors are bracing for the worst. plus, why facebook could soon forever change the lives of people living in a town in iowa. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's tuesday, april 23rd. i'm angela miles. in today's first look: the apple of the market's eye: the tech giant reports earnings after the close. the stock rallied monday along with the broader market. gold cruised $30 higher in the session, while oil had a smooth ride up 80 cents. netflix reels in viewers & investors: the online film company posted better-than- expected earnings, added more than 2 million subscribers, and shares traded up to $207 following the news after the close. netflix stock is up 88% since january 1st. and more information is likely to emerge today after canadian police say they arrested two men monday for allegedly attempting to derail a passenger train traveling between new york and canada. tony harris of performance trust investment advisors joins us now with a look
are more common and deadly than people think. also, it's the big report we've all been waiting for, apple. >> this will be an upcycle for awhile. >> what's next for the giant, and will investors buy it? recent tragedies have brought out the scam artists. how these people are stealing money from generous americanss. we're on the case tonight on the willis report. ♪ we begin tonight with a growing threat inside our nation's doctor's offices and hospitals. costly mistakes on the rise resulting in serious and even deadly consequences for patients. joining me now, dr. david, associate professor of neurology and lead author of a new study from johns hopkins university, and dr. steve riceman, director of the new york cardiac diagnostic centers. welcome, doctors, i'll call you by the first names because it's easier, i think. david, you, let me tell you, a shocking study, 160,000 people sustain injuries or deaths every year because nay are misdiagnosed. how is this happening? >> well, diagnosis is difficult, so it's not all that surprising that we make diagnostic errors. we talk about a situatio
. >>> earnings come in pretty mixed. michelin and kpm disappointing. and a bruised apple gets set to report much anticipated second quarter results later today. analysts are expecting profits to shrink for the first time in a decade. >>> plus, more details emerging about the suspect in the boston bombing as the u.s. charges him with federal crimes that could carry the death penalty. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >> welcome to "worldwide exchange." ross westgate will rejoin us in a couple of days' time. in the meantime, plenty to get through on the program today starting off with the flash pmi data for the eurozone. both the manufacturing and service sectors being closely watched for just how much momentum if any was carrying into the second quarter. you can see the euro/dollar down 0.6%. let's get more from chris williamson. chris, welcome. it looks as though the tone generally speaking here for april across manufacturing and services is pretty weak. >> yes. and one of the big worries is that germany has been back into contr
in washington. >> home sales slipping, and if he does not produce a big number tomorrow, apple's ceo going, time for our biz little bit or biz hit list. you hurt my feelings, todd. i did? when visa signature asked everybody what upgraded expeences really mattered... you suggested luxury car service instd of "strength training with patrick willis." come on todd! flap them chicken wings. [ grunts ] well, i travel a lot and umm... [ male announcer ] at visa signature, every upgradedxperience comes from listening to our cardholders. visa signure. your idea of what a card should be. neil: homebuyers, shaken to the core. in biz blitz we start with home sales not getting it done. sales of existing ones dropping, .06 of a percent. al, what do you make of that? we were given that they were at least clawing back. >> the economy is never as good as people say it is. the housing market is never as good as people say it is, think of this, we have interests below 4%, f most to go out get a mortgage, housing market should be streaming back we're seeing a large percentage of sales dominated by visitors, there i
not produce a big number tomorrow, apple's ceo going, time for our biz little bit or biz hit list. thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply suting history... we're making it. it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. never really thought i would make money doing what i love. [ robert ] we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. neil: homebuyers, shaken to the core. in biz blitz we start with home sales not getting it done. sales of existing ones dropping, .06 of a percent. al, what do you make of tha
at this point in time. back to you. dagen: thank you. connell: apple driven by profits of the iphone. they are said to report tonight after the bell. dagen: down 40% last fall. dagen: the president budget. take a look at how world currencies are doing against the greenback today. ♪ ♪ [ female announcer ] from meeting customer needs... to meeting patient needs... ♪ wireless is limitless. ♪ from finding the best way... ♪ to finding the best catch... ♪ wireless is limitless. [ male announcer ] a car that can actually see like a human, using stereoscopic cameras. ♪ and even stoitself if it h to. ♪ the technology may be hard to imagine. but why you would want it... is not. the 2014 e-class. it doesn't just see the future. it is the future. ♪ >> it is 23 minutes past the hour. israel is joining written and france and accusing syrian resident of using chemical weapons last month. based on visual evidence, he believes the legal nerve agent was probably used. rebels. a car bomb exploded outside the french embassy in tripoli this morning. two french guards were injured i
and start with commodities. gold, looks like it found a floor, no? >> at least temporarily. just like apple. it its funny, two, apple and gold have nothing to do with each other yet those two stocks, that stock and that commodity have gone out and crushed so many people out there over the last year. so it is nice to see both of those catching a little bit. maybe rescue retail trader a little bit. if you look at the nasdaq 100, which was the big leader today, one of the things watching google and apple have been conspiring to make the mdx do nothing last six months. >> i don't think it is a real conspiracy. >> no, no. but those two stocks are basically been forcing the nasdaq 100, really tight range. we get two of those moving same direction at the same time, that underperformance of the mdx could cause that thing to skyrocket. so i think that's a trade that may be out there. how does ndx trade versus the dow and dow which was the big leader and s&ps, was another big leader. that is trade i will really be watching. tomorrow's results could set the tone for the rest of the quarter on that tra
. apple below $400 a share. we have what you need to know if you hold that stock. til tyler is on vacation. we will join simon hobs in just a few moments. first we go to boston. there has been a big break in the hunt for the boston marathon bombers. new video of a man seen dropping a bag at the site of the bombings. the president is in boston at this hour to mourn with the victims of monday's tragedy. we are live with the very latest developments. scott? >> hello, sue. first we'll start with the memorial service which was entitled healing our city. it ran about an hour and 15 minutes. and president obama who spoke for about 10 minutes or so in a speech that was part sermon and also intended to inspire the city. >> i'm here today on behalf of the american people with a simple message. every one of us has been touched by this attack on your beloved city. every one of us stands with you. after all it's our beloved city, too. boston may be your hometown, but we claim it, too. >> at this hour the president is still in boston meeting with volunteers and all the while that this was going on, the
will want to see how tarnished is apple's shine releasing the latest quarterly earnings and most expect disappointing results. apple's high flying stock has plunged from over $700 to $390. apple has not released any new products and sales are mediocre. the good news is that expectations are so low that apple could start to surprise wall street and begin the turn around. apple now is dealing with defective iphones. two chinese newspapers report that apple returned 8 mill -- eight million iphones to china. it is not cheer clear which models are affected but apple is not experiencing iphone short averages and they could cost the company $250 million. executives have admitted that the iphone is the most difficult device they have assembled. >> netflix starts positive with shares for the company surging yesterday following the announcement they signed up two million new subscribers the first quarter closing up 11 points to $174.237 a share because of additional they say of new original programming including "house of cards" and "arrested development." the c.e.o. says that the company could o
apple broke below $400 a share, and s&p 500 down 1.44% at 1,551, michelle. >> here's what we know about investigation in boston right now. video shows someone setting down a bag. authorities have said, quote, they have solid leads, but no arrest has been made yet. the boston federal courthouse has been evacuated due to an unrelated bomb scare. expecting a joint news conference from boston at 5:00 p.m. you'll see it live here on cnbc, to bring you the very latest. >> in the meantime, as law enforcement officials get set for that news conference at the top of the hour, amid premature reports that an arrest had been made in the marathon bombing, scott cohn is in boston with the very latest details for us. scott? >> good afternoon, bill. let's first get you up to date on the situation at the federal courthouse, which is about two miles from here. as you said, there was a bomb threat an hour or so ago, unrelated to the situation at the bottom marathon and the attacks there. our producer on the scene says that he has seen fire trucks enter the area, firefighters go into the building, agents w
, the ceo cites signs of stability. >>> apple, just a day after it's set to report results. reports swirling about a possible iphone 5s delay if production. >>> did your flight get delayed this weekend? maybe you should blame it on the furloughs. headlines from the sequester continuing to bite business travellers and airlines alike. >> the markets coming off their worst week in five months and it wasn't that long ago we were on the verge of hitting s&p 1600. what do investors expect going forward? tobias levkovich joans us at post 9. welcome. always good to see you. >> good to be here. >> coming on a day when you have "barron's" over theec wooend and their poll and we laughed about it a little bit. dow 16,000 by the middle of next year. they're talking s&p 1682 and people want to read that this morning as a danger sign. >> i would be a little bit careful. if you look at how they've been with the market they've been somewhat cautious and very u.s. oriented. even cyclicals like retailers will be u.s. oriented and not the global cyclicals. i don't think people have bought into this. we see cash
are changing the way we defend our country. dagen: apple sending back millions of iphones because they were not to apples liking. take a look at how the stock is trading today. up almost 1.5% today. ♪ ♪ for about 15 minutes past the hour. connell: trip is here to make us a little bit of money. go ahead, charles. charles: checkpoint software. a little favorite of mine. they do security for companies. what i like is they have gotten into this whole data scenario. we talk about the cloud, but no one ever talks about securing the cloud i think that will be a great area. i just think the stock is so oversold. some technicians would argue it is a reverse head and shoulder. this month, there will be a whole bunch of investor cards is. i love the risk reward on checkpoint right now. pretty good room to the upside. connell: you have more on the time of year. charles: in the next hour, we will talk about the spring swoon. connell: 16 minutes past the hour. very good. thank you. anything to add? let's go to nicole at the stock exchange. looking at apple. nicole: everyone is talking about apple. it
. and apple likely be to be the stock of the day along with netflix and earnings later. tim cook, pressure on him. apple hasn't had a break through since he took over and the entire financial team is on scrutiny. four apple executives are among the top paid of all 500 top company ceo's, get between 68 and 85 million dollars a year. a lot more than tim cook. he gets 4 million. apple stock has gone from 705 to 390 in seven months. huh. next, looks like the internet sales tax will breeze through the senate. we have one senator who is opposed to it. he's a democrat. plus, a business owner who makes a lot of money on-line and he says this tax is going to hurt him and his business. but you are going to like the markets when it opens up, a gain of maybe 90 points. that's next. in today's markets, a lot can happen in a second. with fidelity's guaranteed one-second trade execution, we route your order to up to 75 market centers to look for the best possible price -- maybe even better than you expected. it's all part of our goal to execute your trade in one second. i'm derrick chan of fidelity inves
're keeping a close eye on. apple after the bell tomorrow night. can't afford to miss that. stay with us. (ann) to help me plan my next move, i take scottrade's free, in-branch seminars... plus, their live webinars. i use daily market commentary to improve my strategy. and my local scottrade office guides my learning every step of the way. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade... ranked "highest in customer loyalty for brokerage and investment companies." welcome >>> welcome back. texas instruments earnings are back. jon fortt breaking down the numbers. >> rushing through them now, maria. looks good for texas instruments both in the current numbers and on the guidance. wall street was looking for 2.85 billion in revenue. texas instruments comes back with 2.89. eps expected was 30. they deliver 32. then on the guidance, wall street wanted 30 -- sorry. $3 billion in revenue for this current quarter. the midpoint ti is guiding to is 3.05. also wall street wanted 38 cents in eps. the midpoint is guiding to 41 cents. it appears th
. selling across the board, particularly in economic sensitive areas like energy and technology, and apple, for example, below $400, and we'll is more on that throughout the show. the one thing to note is the volume is not as heavy like we saw on monday. there's less volume and less conviction to the selling; however, the selling is happening across the board. there's economically sensitive areas like financials bringing me to bank of america. reporting their quarterly numbers, look at bank of america. this weighing on the dow jones industrials, but more importantly, bank of america, itself, down six and a quarter percent. financials down with it, and missed estimates, the big story, despite profits qaw drupe -- quadrupled for the quarter. sector to sector, defense sectors doing better, utilities, health care, and telecom. back to you. melissa: thanks so much. lori: fbi confirms preliminary tests on a letter sent to president obama tested positive for ricin. rich edson has the latest. rich, when you hear news like this coming after the bombings in boston, you understand why the fear trade
are pricing for a chinese slowdown. >>> and apple stocks continue to tumble ahead of the earnings report tomorrow. we'll get you the latest action from new york as investors brace for more volatility. >> george napolitano is expected to tell lawmakers today how he intends to end the political stalemate and form a new government. this after the 87-year-old was re-elected for an unprecedented second term on saturday after politicians failed to agree on another candidate. he is expected to form a bipartisan cabinet. he's thought not to favor or relish the idea of fresh elections. still, his re-election has been met with anger by some including beppe grillo blasting it as a traditional party trying to hang on to power. >> they have chosen, again, a president instead who is able to guarantee the judicial power of this country in order to save berlusconi's [ bleep ] and save the left [ bleep ] with regard to the monte depasco scandal. >> politicians have been urged to finally form a government or risk a long recession in the country. georgeo said italy is not belgium and needs a government. go
way to say this, companies unfortunately are cutting their way to earnings success. >> apple reports after the close tomorrow. it's expected apple to report a nearly 8el% jump in revenue. that would be the weakest for the company in years. shares below 400 bucks for the first time since december 2011 on friday. it has shed nearly 300 billion in market value since peaking at just above 705 a share in september. and it is, if you're asked to a cocktail party what the biggest company in the world is, it's not apple any wore. >> it changed last week spp. >> it switched to exxon mobil. in fact, if you look at the ochgzs market, options pricing on friday suggesting a post earnings move of about 7.5% by april 26th. which is this friday. the key, of course, is 7.5% which way? >> that is very true. >> that's a 15-point swing. >> let's get you through some of the other issues this morning. boeing is beginning to fix grounded dream liners, installing reinforced lithium ion batteries. they're finally here. the company started today with five jets owned by nippon airways. it should make the first
are really interesting. we have got google coming up, which is really turning into a tech bellwether, apple next week... this is just- we are really into the meat of earnings season, and this is where we are going to see whether, really, is earnings season going to be all right, or is it going to be as poor as the last one? - good to have you on the show. that is mark sebastian of option pit mentoring. precious metals are in a free- fall. gold has fallen the farthest, but there's been a panic of sorts involving other commodities, too. our cover story explains it's the result of a combination of forecasts. gold futures dropped faster and farther than anytime since the 1980s, closing at $1361.70 monday - a more than $200-an- ounce drop since friday. what caused it? some say 'a perfect storm' of pessimistic predictions. "if i was holding gold, i'd get out and get back in later. i don't want to stand in front of a freight train." "the free-fall will feed upon itself for the next few days." the predictions came in a cluster last week. the federal reserve hinted that it might discontinue quantita
as shares of apple fell in relation to one of the suppliers on its outlook sighting in ipad shipments. we're going to being looking out for component suppliers here in japan that make a lot of parts that go into products such as tablets and smart phones of which apple makes many of those as well. we keep track of that sector as well. >> kicking off later today the g-20 over in washington, d.c. as we've been reporting a lot of focus will be on the recent weakening yen. where do we stand lead of that key meeting? >> a lot of market players will be watching the g-20 meeting and thedollar/yen. that may trade in a ltle bit of rgehead of that meeting and it's still weaker than it was this time yesterday when it was at the mid 97 yen levels. we'll keep track of that. the euro/yen 127.54 to 59. it traded up to upper 129 during wednesday. as you can see now 127.49 to 52. there were concerns that the european central bank may cut interest rates to boost growt in the euro zone. we'll keep track of currency markets. a bit of a focus there for the tech sector following those moves in apple shares and
. it is somewhat reminiscent to what happened to apple. in the paper market, you have a dramatic selloff. in the physical market, the demand is very, very strong. connell: let's follow up on that. let's talk about apple. the big game for the dollar versus the euro. is that part of the case you make for gold? >> i think part of the reason is for safety. in times like this, i think now is a fantastic entry point. it is certainly better than two weeks ago. it is uncorrelated. that last forever. hopefully it will bring the price back up. connell: she is trying to hold back. dagen: it does not have the magical properties. i do want to ask you about storage capacity. are we maxed out in terms of the ability to store gold? >> we are not maxed out. individual investors, i think they are hitting struggles. you are saying that on a retail level. on an institution level, you are not saying that at all. connell: come back and hang out with us. i hope you like those. we like him as a guest. dagen: connell is very needed. [ laughter ] connell: the reopening of the privacy debate. privacy versus safety
to keep an eye on apple shares today. it dropped below $400 yesterday or the first time in 16 months. the decline came after a chip suppliers forecast led them to start worrying about weakening demand for the iphone and ipad. joining us is gene munster. gene, by the way, also covers google and google will be reporting after the bell tonight. gene, why don't we start with apple. this has been an incredible run up and then an incredible drop. below $400. is this somewhere you saw the stock going? >> no way. this is -- we thought there was a floor at 450, so this is a lot lower than we thought it was going to go. >> and at this point, now that it has reached 400 at least in the intra day trade, does that worry you that there is still more room to decline or do you think at this point it's stabilized? >> we think there's an opportunity here. the street numbers still need to get reset. we're 10% below the street for the june quarter. i think once these estimates get reset, that's the point where investors are going to start to get interesting. the southside still hasn't taken those nebs d
of all with apple. the worst week in two and a half years, down 9% last week and nicole, any sign of a bounce? >> right, we're seeing it up 1/2 a percent for apple. i've read so much and 14 analyst downgrade apple some way, shape or form the last couple of months though there were a couple who were positive this morning and reading about forbes, throwing out the idea whether or not tim cook may be replaced, but there are so many folks who love it, but everybody knows it was adds 700 stock back in september and it's still below 400. stuart: you can't call it a bounce, a gain of a buck, that's not a bounce at all, but tell me about ibm. we would have had a triple digit rally for the dow, but any bounce. nicole: we're watching ibm, higher this morning, a name on friday dropped 8 1/4%. the biggest drop ibm has seen in three years, and the worry is about the growth prospects for the company for 2013, as you noted, it shaved off over 100 points on the dow on friday. stuart: i don't want to grind my ax, but i have a task for you. can you tell me why in the next update, were microsoft ope
in nearly a year. apple fell 9% last week. worries about iphone demand have prompted investors to look for the exit. apple has lost $300 billion in market value since last september. >>> and the senate may vote today on a bill to let states collect sales tax on all online purchases. though ebay ceo has reportedly been recruiting users to rally against the measure. >>> and gas prices could drop another 20 cents by memorial day. it's due to falling oil prices and continued weak energy demand. good news for drivers looking to hit the road. richard? >> we will take that. thank you so much. >>> here are other stories we're keeping an eye on for you. if you're traveling by air today, allow a little more time. it's the first weekday with a 10% slash to the nation's air traffic controller work force. the furloughs went into place last night as part of the so-called sequester. delays were mostly nonexistent on sunday except for waits of up to an hour in and around new york and los angeles. but the real test begins today. the furloughs will last through september and are expected to save about $
consistent and steady than it was a decade or two ago. >> and now for the final stock, apple, which doesn't fit in either one of these categories. but you saw it's a terrific buy. today the stock was down again. it's now trading at $390. why are you saying that put money into apple now? >> a year ago, there was too much euphoria. today there is too much pessimism. look, apple is reflecting an absolutely worst case scenario with earnings there to be reported this tuesday. there is likelihood it's not going to be that bad. and if tim cook can lay out a plan for a capital outlays to shareholders in terms of dividend increases and share buybacks and reassure investors of their products and their vision for products, i think this stock could be much higher next week. >> all right. very interesting information. thank you so much, hank. any disclosures to make? do you own any of these stocks? >> we own them all, and i own them all personally. >> thank you so much. have a great weekend. hank smith of haverford. >> thank you. >>> and coming up next, as the price of gold and silver plunge, we'll ta
about the buzz on the apple iwatch, then google came out with the ad for the google glass, and all that buzz went away. i look forward to getting my hands on one, but i don't think it's necessarily a needle mover for the stock. hidz liz okay. david: tom, you cover apple as well as you look at that stock sink below $400 a share. is it a screaming buy, or would you be worried at this point? >> well, i think investor sentiment, obviously, is as negative as it's been in a long time, but i do think it's a buy. i think people mistake on apple going to the apple store and thinking the only thing they're going to see in two years is the next generation of current devices. i think apple's playing its cards close to its chest. there's a lot of innovation going on that we don't see -- david: by the way, i am a stockholder as well, so i've got to push back. do you think that we need to change at the top? do you think tim cook is just tried, add his chance and like mr. johnson over at jcpenney, it's time for him to go? >> no. actually, i think he's dope a very good job -- he's done a very good
a look at some sectors we've seen here. technology, a tough day, apple's been down, finance has been down, because bank of america has been down. so it's not just the commodity story here as well, some disappointments on the bank earnings, energy, industrials, materials also on the weak side. commodity countries, and this is another way you can look at this, there's peru, brazil, canada, australia, south africa, these are all exchange-traded funds you can buy, all down about 2% on the day. finally, guys, the thing that's worrying me, we've been in an up trend all year. now for two days, monday and today, we have had big down days with big volume, 90% of the volume to the downside, those are very big days, when you see that kind of thing happen, and some people are now starting to wonder whether we have a trend reversal on. instead of an up trend in the market, in fact, that's not happening anymore. that's the big debate going on down here. >> when you look at that chart you just showed, bob, it certainly raises the question. thank you. >> you bet. >>> about 12 minutes before the closing b
and that one company is apple. according to the latest compensation filings with the sec coming in fifth on the list, making 68.6 million, apple's chief financial officer, peter oppenheimer. fourth place, senior vice president jeffrey williams raking in 68.7 million bucks. coming in third, lead attorney, bruce sewell with $69 million. number two on the list and highest paid apple executive is senior vice president bob mansfield who made $85.5 million. only one exec beat out the apple gang, that was oracle ceo larry ellison. his total comp last year, shy of one billion dollars. 92.6 million. melissa: good to be larry ellison. a terrorism expert and university of proprofessor and a former nsa officer. he will join me to go over the cost of fear in regards to yesterday's bombings in washington, whether it was domestic incident or not. how does that fear affect the business and the economy. that is tonight at 5:00 p.m. eastern. lori: the boston bombings could lead a economic slowdown. that is the warning from former cbo director, douglas holtz-eakin. we could be hit with an individual securi
of a yo-yo market. >> is there any hope for apple? >> do they need a new product? >> they may just need to bear a little more honest and more disclosure. google is talking about their phone and something needs to happen with apple and they need to talk about a new product. they usually start issuing new products for back-to-school perry ed it took them 17 months. i think the evaluation is important. one-third of their market is in cash. they have a bit capp and there the second biggest of the nation behind exxon mobile. they're just a cash flow mushing but they do not have products that we know obama but we know ey're coming out. >> we had morgan stanley, and pepsi with good earnings. >> a again, corporate america is still and press the but the second quarter may be the weakest of the year. we are waiting to the back half of the year, back to school. what we are seeing right now isetter. >> would check back with rod and black later with our winners and losers. >we would check back with a rob black later on with our winners and losers. >> we're in the upper part is for coastline. future
Search Results 0 to 49 of about 97 (some duplicates have been removed)